NOT LISTED FOR SALE

116 Lathrop Ave River Forest, IL 60305

Estimated Value: $493,000 - $571,000

2 Beds
2 Baths
1,009 Sq Ft
$518/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $465,000 $461 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,616/month

21 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Laundry Room
  • Lincoln Elementary School Rated A
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of October 2023

All brick two-bedroom bungalow with full finished basement on an oversized lot in River Forest. Pleasure to show this home with a lot of recent updates - new kitchen cabinets with quartz countertop, all new stainless still appliances, new backsplash, new floor tiles, all new windows, new furnace and AC, new bathrooms, new gas fire place, new light fixtures, natural wood floors throughout, You'll fall in love with this home at first sight, or simply for someone who wants to move into one of the best school systems in Illinois at an affordable price. There is large full finished lower level that could be easily used as third bedroom with its own full new bathroom. The lower level currently been used as an office. The yard goes on well past the garage so if you have a green thumb, create a lovely garden, plant some vegetables or soak in the sunshine in a private and quiet setting. This is a solid lovely home with lots of new updates, however, the home and garage are being sold in as-is condition. Make the call today!

Last Agent to Sell the Property

Salko Dracic

American International Realty License #475144373 Listed on: 06/28/2023

American International Realty

Last Buyer's Agent

Jeanne Rickard

Compass License #475170065

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,031

Year Built

  • Built in 1922

Lot Details

  • 7,601 Sq Ft Lot
  • Lot Dimensions are 40x189

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,009 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Bungalow

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,031

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors
  • LivingArea: 1009
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1709
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1709
  • Fireplace Location: Living Room
  • Total Sq Ft: 1809
  • Main Level Sq Ft: 1009
  • Lower Level Sq Ft: 700
  • Unfinished Lower Sq Ft: 100
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 469000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 3
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90
  • Junior High/Middle School #2: Oak Park & River Forest High School

Lot Info

  • Lot Size Acres: 0.1745
  • Lot Dimensions: 40X189
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9030.98
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Murphy Terrence Patrick and Lawton Kimberly Ann
Bought by
Terrence P Murphy Living Trust and Kimberly A Lawton Living Trust
Current Estimated Value
$522,343

Purchase Details

Listed on
Jun 28, 2023
Closed on
Sep 11, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Lawton Kimberly Ann and Murphy Terrence Patrick
Seller's Agent
Salko Dracic
American International Realty
Buyer's Agent
Jeanne Rickard
Compass
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Jul 24, 2023
Sold by
Vasic Ivan
Bought by
Chicago Title Land Trust Company

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 15, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Vasic Ivan
Seller's Agent
Thomas Carraher
Compass
Buyer's Agent
Salko Dracic
American International Realty
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$232,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Terrence P Murphy Living Trust -- None Listed On Document
Lawton Kimberly Ann $465,000 Chicago Title
Chicago Title Land Trust Company -- Chicago Title
Vasic Ivan $310,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasic Ivan $25,000
Previous Owner Vasic Ivan $13,200
Previous Owner Vasic Ivan $232,500
Previous Owner Us Bank Na $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $465,000 -0.9% $461 / Sq Ft
07/25/2023 07/25/23 For Sale $469,000 0.0% $465 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $469,000 +51.3% $465 / Sq Ft
10/18/2019 10/18/19 Sold $310,000 -3.1% $307 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $319,900 -- $317 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,674 $35,000 $8,170 $26,830
2023 $9,348 $35,000 $8,170 $26,830
2022 $9,348 $32,370 $7,030 $25,340
2021 $9,031 $32,370 $7,030 $25,340
2020 $8,894 $32,370 $7,030 $25,340
2019 $8,313 $30,206 $6,460 $23,746
2018 $7,868 $30,206 $6,460 $23,746
2017 $7,857 $30,206 $6,460 $23,746
2016 $6,199 $21,767 $5,320 $16,447
2015 $6,730 $23,917 $5,320 $18,597
2014 $6,180 $23,917 $5,320 $18,597
2013 $7,352 $28,685 $5,320 $23,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11818727

Midwest Real Estate Data (MRED)

APN: 15-12-317-022-0000